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Good Health Savings Plans - Small Business HSA
Our Good Health Savings Plans are High Deductible Health Plans (HDHP) for small business that feature either a PPO or HMO plan design. The HDHP option allows your employees to set up and contribute to a tax-advantaged Health Savings Account (HSA) to exclusively pay for qualified medical expenses. Benefits of a small business HSA group health plan include:
- Contributions are tax deductible
- Interest earned on an HSA account is tax free
- Money withdrawn from the HSA for qualified medical expenses is tax free
Customized, Comprehensive HSA Administration
RMHP has partnered with The Bancorp Bank for HSA administration. The Bancorp Bank is a full-service commercial bank that offers the following benefits:
- No application or account set-up fees
- Low monthly maintenance fees (may be waived under specific conditions)
- Interest starts accruing with the first deposit
- Free online account access for monitoring savings and expenses
- Free Visa debit card and checks to access HSA funds
- Toll-free 24/7 customer service
- Online tools to help manage account and investment options
*Checks are available upon request. Debit card is automatically provided.
Good Health Savings Plan Comparison
